$100 Coin

[shane41]

Found this at a old school today.. Looks like a lot of money with the marking on the coin , but in USA money not worth a lot.. Was fun thinking I found $100 dollar coin , Enjoy the Pics,,, Shane

 

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[ivan salis]

it was 100 "new pesos" during the high inflation time of 1990-- when the old peso was 2.945 vs the dollar --mexico made the "new peso" at rate of 10 old peso's = 1 new peso -- at a rate of 3000 old peso's for a dollar -- it would take 300 new peso's to be a dollar ---so the $100 "new peso" coin at that time would be about 34 cents US in value

 

[shane41]

Thanks Ivan for the info.. Still a nice coin to add to my foreign coin collection Shane

 

[Mackaydon]

And if you want to add a story that relates to the coin, you might consider this:
Venustiano Carranza | biography - president of Mexico | Britannica.com
Don......

 

[callmez]

When I pulled out my 30 year old detector last year to see if I could find anything with it, a coin just like yours was the first thing I found. Boy, did it give a sweet sounding signal!

 

[I-DIG-IT]

Nice dig.

 

[galenrog]

The "$" symbol is used in many nations as a symbol for their currency. Some of these nations call their currency "dollar", as do we. Many others using the same symbol use a different name such as "peso".

 

[CoinandRelicMan]

I always like places that give foreign coin variety ! Congrats

 

[Mackaydon]

Shane,
Here's another story for your coin:
If you’re wondering where the dollar sign ($) came from, you’re in good company. No one really knows for sure, and several theories have emerged over the years. The most widely accepted explanation, according to the Bureau of Engraving and Printing, goes back to the Spanish peso, which was accepted as the basic unit of value in colonial America during the late 1700s. Handwritten manuscripts dating to that time show that the peso—formally “peso de ocho reales” or “piece of eight” in America—was abbreviated PS. It’s believed that as time went on, the abbreviation was often written so that the S was on top of the P, producing an approximation of the $ symbol. Source: http://www.history.com/news/ask-history/where-did-the-dollar-sign-come-from

Don....

 

[shane41]

Thanks all for the info.. appreciate it Shane

 

[firemac]

I found an 1000 peso coin a couple summers ago, thought about making a money clip out of it. It's worth about 7 cents today, or we could send them to Greece, maybe they could use them.

 

[ivan salis]

the "pluS Ultra ' on the rear of a piece of 8 real "dollar" S over top a U --is also rumored to be the start of the "dollar sign"..also a U over a S -- as in United States "dollar' shortened to two straightened lines ll over a S over time